VeriCoin (VRC) raised $0.0071 in 24 hours

February 14, 2018 - By Richard Conner

It was good day for VeriCoin (VRC), as it jumped by $0.0071 or 0.78%, touching $0.9191. Top Crypto Analysts believe that VeriCoin (VRC) is looking for the $1.01101 goal. According to 5 analysts could reach $1.65155691583823. The highest price was $0.9288 and lowest of $0.8872 for February 13-14. The open was $0.912. It last traded at BitTrex exchange.

For a month, VeriCoin (VRC) tokens went down -49.50% from $1.82 for coin. For 100 days VRC is up 62.04% from $0.5672. It traded at $0.2305 200 days ago. VeriCoin (VRC) has 30.80 million coins mined with the market cap $28.31 million. It has coins in circulation. It was founded on 07/06/2014. The Crypto VRC has PoST proof type and operates under Scrypt algorithm.

VRC was designed to reduce the PoW phase and enter PoST phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase finished after the first few weeks of launch – 10/05/2014. The PoST interest rate is dynamic and depends on how much the coin is held and staked in the PoST. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoST interest is gained through transaction fees which are also distributed to the Vericoin fund – to aid in development and promotion of the currency. There was no premine.